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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

Meet Taktile , a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. They could use that data to train new models and roll out machine learning applications.

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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

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How AI orchestration has become more important than the models themselves

CIO

In addition, weve seen the introduction of a wide variety of small language models (SLMs), industry-specific LLMs, and, most recently, agentic AI models. Large language models (LLMs) just keep getting better. From Llama3.1 to Gemini to Claude3.5 From Llama3.1 to Gemini to Claude3.5 In fact, business spending on AI rose to $13.8

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Cellino is using AI and machine learning to scale production of stem cell therapies

TechCrunch

technology, machine learning, hardware, software — and yes, lasers! Founded by a team whose backgrounds include physics, stem cell biology, and machine learning, Cellino operates in the regenerative medicine industry. — could eventually democratize access to cell therapies.

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9 IT resolutions for 2025

CIO

Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space. CIOs are an ambitious lot. Heres what they resolve to do in the upcoming 12 months.

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Foxglove raises $15M to build dev infrastructure for robots

TechCrunch

While at Cruise, Macneil says that he saw firsthand the lack of off-the-shelf tooling for robotics and autonomous vehicle development; Cruise had to hire entire teams to build tooling in-house, including apps for visualization, data management, AI and machine learning, simulation and more. Image Credits: Foxglove.

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO

Over the past few years, enterprises have strived to move as much as possible as quickly as possible to the public cloud to minimize CapEx and save money. Increasingly, however, CIOs are reviewing and rationalizing those investments. Are they truly enhancing productivity and reducing costs? We see this more as a trend, he says.

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